Evid Invest
Holders — by stockHoldings — by fund

Pale Fire Capital SE

Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001922318

$1.41B

disclosed book value

72

positions

17.3%

largest position share

Positions, as of 2026-06-30

top 72 of 72 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held

#IssuerSharesValue% of book
1GRPNGROUPON INC10.2M$245.0M17.3%
2BTGB2GOLD CORP64.6M$241.5M17.1%
3ZDZIFF DAVIS INC2.7M$139.3M9.9%
4DOLE PLC9.4M$129.3M9.1%
5COURCOURSERA INC20.4M$115.2M8.1%
6PHRPHREESIA INC8.9M$91.8M6.5%
7LSPDLIGHTSPEED COMMERCE INC5.8M$60.6M4.3%
8BABAALIBABA GROUP HLDG LTD518,964$49.8M3.5%
9PTONPELOTON INTERACTIVE INC7.7M$45.7M3.2%
10CARSCARS COM INC4.0M$43.8M3.1%
11IAUXI-80 GOLD CORP18.8M$27.1M1.9%
12TAT&T INC1.1M$23.6M1.7%
13ANGIANGI INC3.9M$23.4M1.7%
14TDOCTELADOC HEALTH INC2.0M$16.7M1.2%
15MLYSMINERALYS THERAPEUTICS INC614,284$16.6M1.2%
16ORCLORACLE CORP102,000$14.9M1.1%
17CARGCARGURUS INC384,626$13.1M0.9%
18GDDYGODADDY INC127,179$10.8M0.8%
19NU HLDGS LTD735,954$9.8M0.7%
20GAUGALIANO GOLD INC5.0M$9.4M0.7%
21TMETENCENT MUSIC ENTMT GROUP1.1M$9.1M0.6%
22CMRCCOMMERCE.COM INC3.1M$9.0M0.6%
23WEAVWEAVE COMMUNICATIONS INC1.5M$8.9M0.6%
24SPYSTATE STR SPDR S&P 500 ETF TPUT11,100$8.3M0.6%
25GERNGERON CORP5.3M$6.8M0.5%
26RGNXREGENXBIO INC466,209$5.6M0.4%
27DOCUDOCUSIGN INC108,000$4.8M0.3%
28GUTSFRACTYL HEALTH INC5.0M$4.0M0.3%
29DERMJOURNEY MED CORP528,584$3.7M0.3%
30SNDXSYNDAX PHARMACEUTICALS INC125,550$2.7M0.2%
31SPTSPROUT SOCIAL INC343,841$2.6M0.2%
32ITRGINTEGRA RES CORP1.1M$2.4M0.2%
33DVDOUBLEVERIFY HLDGS INC220,336$2.4M0.2%
34SGMTSAGIMET BIOSCIENCES INC221,875$1.7M0.1%
35HRTXHERON THERAPEUTICS INC2.5M$1.1M0.1%
36HELPCYBIN INC153,505$1.0M0.1%
37PESIPERMA-FIX ENVIRONMENTAL SVCS55,627$794,9100.1%
38RPDRAPID7 INC79,249$641,9170%
39KURAKURA ONCOLOGY INC56,600$620,9020%
40TARSTARSUS PHARMACEUTICALS INC9,802$616,9380%
41GEOPARK LTD63,300$576,0300%
42RIGLRIGEL PHARMACEUTICALS INC14,252$557,5380%
43RAREULTRAGENYX PHARMACEUTICAL IN16,514$551,4020%
44PHATPHATHOM PHARMACEUTICALS INC49,713$539,3860%
45ABEOABEONA THERAPEUTICS INC81,945$506,4200%
46DCTHDELCATH SYS INC40,085$504,6700%
47ONITONITY GROUP INC11,833$470,3620%
48SLMSLM CORP17,300$448,7620%
49HROWHARROW INC10,515$446,5720%
50THCTENET HEALTHCARE CORP2,000$374,1600%
51GPNGLOBAL PMTS INC5,050$366,4280%
52PTHSPELTHOS THERAPEUTICS INC12,919$365,0910%
53KSPIKASPI KZ JSC3,600$311,9040%
54NGNENEUROGENE INC9,460$297,5170%
55PKBKPARKE BANCORP INC8,620$285,8390%
56TOSTTOAST INC10,000$278,2000%
57LQDALIQUIDIA CORPORATION3,479$277,3810%
58NPBNORTHPOINTE BANCSHARES INC.13,258$254,2880%
59EXFYEXPENSIFY INC134,409$240,5920%
60NKTRNEKTAR THERAPEUTICS3,350$233,8640%
61PALIPALISADE BIO INC111,410$232,8470%
62CRBPCORBUS PHARMACEUTICALS HLDGS24,301$227,9430%
63CGEMCULLINAN THERAPEUTICS INC12,418$226,1320%
64RLMDRELMADA THERAPEUTICS INC31,650$219,0180%
65SPRBSPRUCE BIOSCIENCES INC3,818$206,1720%
66PRTHPRIORITY TECHNOLOGY HLDGS IN25,000$166,7500%
67KLRSKALARIS THERAPEUTICS INC39,626$161,2780%
68LRMRLARIMAR THERAPEUTICS INC43,000$131,1500%
69ARVNARVINAS INC11,951$99,3130%
70MRLNMERLIN INC16,000$91,0400%
71CTMXCYTOMX THERAPEUTICS INC.22,900$85,8750%
72CNTXCONTEXT THERAPEUTICS INC11,796$6,5340%

Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.

EvidInvest is an independent research and information tool. Figures are calculated from public SEC filings and third-party market data and are provided for informational and educational purposes only. EvidInvest does not provide investment advice, brokerage, or financial services, and is not affiliated with any company it covers. Verify all figures against primary sources before making any decision.